Here’s the Best “Magnificent Seven” Stock to Buy in April, According to Wall Street

From Nasdaq: 2024-04-01 05:50:00

Investors are eyeing the “Magnificent Seven” stocks for potential growth opportunities. Analysts believe some stocks, like Meta Platforms and Nvidia, may have peaked, while Amazon, Alphabet, and Apple remain strong contenders. Apple, in particular, is seen as the top stock to buy in April with a price target above current levels.

Despite lagging behind other Magnificent Seven stocks, Apple may surprise investors with its upcoming AI strategy reveal in June. CEO Tim Cook has hinted at significant AI investments, sparking optimism among shareholders. While Apple’s performance has been lackluster, analysts believe the stock could soon see a resurgence.

For investors looking to capitalize on future stock trends, the Motley Fool Stock Advisor service offers guidance on building a successful portfolio. With the potential for high returns, the service has outperformed the S&P 500 since 2002. Apple may not be among the 10 best stocks to buy right now, but the service provides valuable insights for maximizing investment opportunities.



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